USDJPY traders are looking to the upside after bouncing off key MA support ...Middle East

The USD/JPY experienced a volatile session yesterday, initially moving higher before reversing lower. This decline occurred despite a modest rise in yields. Commentary from Fed officials offered mixed signals, with Fed's Waller leaning toward a rate cut and Fed's Bostic taking a more non-committal stance. Meanwhile, ISM data was mixed, adding to the uncertainty, but the pair still saw downward pressure.The decline in USD/JPY pushed the price below the 38.2% retracement of the move up from the September low (150.18) and the psychological support level at 150.00. Selling momentum continued, driving the price toward the 100-day moving average (currently at 148.95). The pair came within 4 pips o

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